Question: Joe quits his computer programming job, where he was earning a salary of $ 5 5 0 0 0 per year, to start his own

Joe quits his computer programming job, where he was earning a salary of $ 55000per year, to start his own computer software business in a building that he owns and was previously renting out for $ 27000per year. In his first year of business he has the following expenses: salary paid to himself, $35000; rent, $0; and other expenses, $25000. Find the accounting cost and the economic cost associated with Joe's computer software business. (Enter numeric responses using an integer.)
Part 2
The accounting cost of Joe's business is $
60000.(Enter your response as an integer.)
Part 3
The economic cost of Joe's business is $

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